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Argan Inc (AGX)
NYSE:AGX
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Argan (AGX) Price & Analysis

855 Followers

AGX Stock Chart & Stats

$597.88
$2.34(1.56%)
At close: 4:00 PM EST
$597.88
$2.34(1.56%)

Bulls Say, Bears Say

Bulls Say
Very Conservative Balance Sheet And High LiquidityZero reported debt and nearly $1.0B of cash/investments provide durable financial flexibility. This reduces solvency risk across project cycles, funds selective bidding, buybacks and dividends, and allows the company to absorb timing shocks without relying on external financing.
Strong Free Cash Flow And Earnings ConversionHighly consistent FCF relative to net income implies quality earnings and internal funding for capex, fabrication buildouts, and shareholder returns. Sustained cash conversion supports strategic flexibility and de-risks growth investments over multiple quarters.
Large Power Backlog With Superior Segment MarginsA multi-billion backlog concentrated in Power gives multi-quarter revenue visibility and demonstrates competitive win-rate in large EPC projects. High Power margins reflect execution advantage and provide an earnings engine to offset lower-margin segments over the medium term.
Bears Say
High Concentration In Natural-gas ProjectsHeavy exposure to gas-fired combined-cycle projects creates structural concentration risk if policy, commodity economics, or customer preferences shift toward renewables. That dependence can impair revenue diversification and increases sensitivity to a single end-market cycle.
Working-capital And Project Timing VolatilityProject-based revenue timing and retainage create recurring swings in cash flows. Even with no debt, volatile working capital can pressure liquidity, force conservative bidding or defer growth spending, and makes multi-quarter earnings visibility and margin sustainability less predictable.
Capacity Constraints And Lower Margins Outside PowerLimited ability to run only ~10–12 projects and the need for time-consuming hiring/training caps near-term scaling. Lower margins in Industrial and Teledata will dilute consolidated profitability unless these businesses scale and improve productivity over multiple quarters.

Argan News

AGX FAQ

What was Argan Inc’s price range in the past 12 months?
Argan Inc lowest stock price was $193.82 and its highest was $748.50 in the past 12 months.
    What is Argan Inc’s market cap?
    Argan Inc’s market cap is $9.62B.
      When is Argan Inc’s upcoming earnings report date?
      Argan Inc’s upcoming earnings report date is Sep 03, 2026 which is in 89 days.
        How were Argan Inc’s earnings last quarter?
        Argan Inc released its earnings results on Jun 04, 2026. The company reported $3.24 earnings per share for the quarter, beating the consensus estimate of $2.31 by $0.93.
          Is Argan Inc overvalued?
          According to Wall Street analysts Argan Inc’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Argan Inc pay dividends?
            Argan Inc pays a Quarterly dividend of $0.5 which represents an annual dividend yield of 0.49%. See more information on Argan Inc dividends here
              What is Argan Inc’s EPS estimate?
              Argan Inc’s EPS estimate is 2.65.
                How many shares outstanding does Argan Inc have?
                Argan Inc has 13,960,465 shares outstanding.
                  What happened to Argan Inc’s price movement after its last earnings report?
                  Argan Inc reported an EPS of $3.24 in its last earnings report, beating expectations of $2.31. Following the earnings report the stock price went up 0.767%.
                    Which hedge fund is a major shareholder of Argan Inc?
                    Currently, no hedge funds are holding shares in AGX
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Argan Inc

                      Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, operations management, maintenance, project development, technical, and consulting services to the power generation and renewable energy markets. The company operates through Power Industry Services, Industrial Fabrication and Field Services, and Telecommunications Infrastructure Services segments. The Power Industry Services segment offers engineering, procurement, and construction contracting services to the owners of alternative energy facilities, such as biomass plants, wind farms, and solar fields; and design, construction, project management, start-up, and operation services for projects with approximately 15 gigawatts of power-generating capacity. This segment serves independent power project owners, public utilities, power plant equipment suppliers, and energy plant construction companies. The Industrial Fabrication and Field Services segment provides industrial field, and pipe and vessel fabrication services for forest products, industrial gas, fertilizer, and mining companies in southeast region of the United States. The Telecommunications Infrastructure Services segment offers trenchless directional boring and excavation for underground communication and power networks, as well as aerial cabling services; and installs buried cable, high and low voltage electric lines, and private area outdoor lighting systems. It also provides structured cabling, terminations, and connectivity that offers the physical transport for high-speed data, voice, video, and security networks. This segment serves state and local government agencies, regional communications service providers, electric utilities, and other commercial customers, as well as federal government facilities comprising cleared facilities in the mid-Atlantic region of the United States. Argan, Inc. was incorporated in 1961 and is headquartered in Rockville, Maryland.

                      Argan (AGX) Earnings & Revenues

                      AGX Company Deck

                      AGX Earnings Call

                      Q1 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call presented strong operational and financial results with substantial revenue growth (50%), large increases in net income (~104%) and adjusted EBITDA (~79%), improved margins, significant cash/investment balances ($974M), and expanded capital return programs. These positives are tempered by a modest sequential backlog decline, concentration in gas-fired projects (79%), lower margins in Industrial and Teledata segments, early-stage project risks, and capacity/training constraints that limit near-term scaling. Overall, the favorable performance and balance sheet strength outweigh the manageable risks and timing issues.View all AGX earnings summaries

                      AGX Stock 12 Month Forecast

                      Average Price Target

                      $559.00
                      ▼(-6.50% Downside)
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2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":305.576,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":362.977,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 5,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n   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                      Ownership Overview

                      4.02%19.97%23.42%21.56%
                      23.42% Other Institutional Investors
                      21.56% Public Companies and Individual Investors

                      Options Prices

                      Currently, No data available
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